Intralot says Turkish betting suspended pending risk management contract |
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Published
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Thu, 01 Mar 2007 10:01
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ATHENS (AFX) - Greek betting technology company Intralot said Turkey's state-owned lottery operator SporToto will temporarily suspend betting games in the country for a few days, pending the formal awarding of a contract for risk management.The suspension is transitory and Intralot expects its 45 pct-owned Turkish unit Inteltek to be formally awarded the risk management contract for fixed-odds betting game Iddaa, it said.The Turkish Parliament recently voted for new legislation to remove legal obstacles for the operation of the games, and allow SporToto to directly award a temporary risk management contract to Inteltek.A new tender process for the risk management of Iddaa is expected in about a year.Source: Euro2day.gr NewsWireskrekas@euro2day.grns/abrCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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Greek Intralot's Inteltek unit wins legal protection for Turkish betting deal 